- Category
- III
- Strategy
- Long-only
- Fund house
- Shaan Patel Asset Management
Shaan Patel Flexi Cap Strategy
+9.43%
1-year return, after expenses and tax
Benchmark NIFTY 500 · data as of 31 Aug 2026
Shaan Patel Flexi Cap Strategy, a Category III long-only AIF from Shaan Patel Asset Management, returned 9.43% (after expenses and tax) in the year to 31 Aug 2026. It began on 10 Jul 2025.
Key numbers
- AUM
- —
- Benchmark
- NIFTY 500
- Launched
- 10 Jul 2025
- Min. investment
- ₹1 crore
- Returns basis
- After expenses and tax
Returns
| Period | This fund | NIFTY 500 |
|---|---|---|
| 1 month | +3.42% | −0.30% |
| 3 months | +12.31% | +3.50% |
| 6 months | +15.96% | +1.22% |
| 1 year | +9.43% | +4.39% |
| Since inception | +7.03% | — |
After expenses and tax, as Shaan Patel Asset Management reports them, to 31 Aug 2026. AIFs report returns on different bases, so compare like with like.
Fund details
- Category
- Category III
- Strategy
- Long-only
- Market-cap style
- Multi / flexi cap
- Asset type
- Equity
- Benchmark
- NIFTY 500
- Fund manager
- Shaan Patel
Market-cap mix
- Large cap9.00%
- Mid cap10.00%
- Small cap38.00%
- Cash43.00%
Investment approach
The Flexi-Cap fund structure gives us the freedom to invest across the full market-cap spectrum— large-cap, mid-cap, and small-cap—without any fixed allocation. This flexibility allows us to dynamically allocate capital based on prevailing market trends, sector cycles, and stock-specific opportunities.
About the fund manager
Mr. Shaan Patel — Fund Manager
Mr. Shaan Patel is the Founder and Chief Investing Officer of Shaan Patel Asset Management (SPAM). He holds a BSc in Finance and Investment from Loughborough University, UK, an Msc in Data Science from Loughborough University,UK , and an Msc in Artificial Intelligence from London Metropolitan University. A university topper in Portfolio Management, he brings exceptional academic credentials to the table. Shaan brings over four years of market experience, including two years of active investing in financial markets. His unique expertise at the combining of finance, data science, and AI powers SPAM’s forward-looking, tech-enabled portfolio strategies. A natural leader and strategic thinker, Shaan has successfully built SPAM into a research-driven investment platform, focused on delivering long-term value through disciplined, data-backed decision-making and cutting-edge investing insights. On 10th July 2025, SPAM launched its flagship Flexi-Cap Fund under SEBI’s Category-III AIF regulations — a landmark event that made Shaan Patel India’s youngest fund manager at 22, embodying a new generation of quant-driven, research-backed investing.
As the fund house describes it.
FAQs
What has Shaan Patel Flexi Cap Strategy returned?
9.43% (1-year return) to 31 Aug 2026, after expenses and tax, as Shaan Patel Asset Management reports it. 1 month: 3.42%; 3 months: 12.31%; 6 months: 15.96%; 1 year: 9.43%; Since inception: 7.03%.
What kind of AIF is Shaan Patel Flexi Cap Strategy?
A Category III AIF following a long-only strategy, with a multi / flexi cap style. Category III AIFs trade listed and unlisted securities and may use leverage and derivatives, including short positions.
What is the minimum investment in an AIF?
SEBI sets the minimum at ₹1 crore per investor (₹25 lakh for the fund’s own employees and directors). Shaan Patel Flexi Cap Strategy’s stated minimum is ₹1 crore.
Who manages Shaan Patel Flexi Cap Strategy?
Shaan Patel Asset Management runs it; the fund manager is Shaan Patel.
How are AIF returns reported?
Each fund house reports its own returns on its own basis: Shaan Patel Flexi Cap Strategy’s are after expenses and tax. Bases differ from fund to fund, so compare like with like.
For information only. Not investment advice or a research report. Past performance does not guarantee future returns. AIF investments carry higher minimums and risks; read the private placement memorandum.
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